Weekly Blockchain Security Watch

September 4 to September 10

From September 4, 2023 to September 10, 2023, all security incidents that had occurred can be categorized into Security Hacks and Rug-pulls.

SECURITY HACKS:

1. Social Media Accounts Compromised

From September 4 to September 10, the following social media accounts were compromised and phishing links might be sent in these accounts:

Discord servers of SaberDAO@The_Saber_DAO, bigb.xrp@BigB_NFTs, Victory Point@VictoryPoint_io and ACG WORLDS@ACGWORLDS_META.

2. Stake.com Suffers Exploit

On September 4, a multi-chain deployed application Stake.com suffered an exploit due to a private key leak.

The attacker’s address is 0x9cf71F2ff126B9743319B60d2D873F0E508810dc on Ethereum.

A total of $41M worth of cryptos including $15.7M (9.62K $ETH) on Ethereum, ~$7.85M (14.24M $MAITC) on Polygon, and $17.75M (82.65K $BNB) on BNB Chain were exploited in this incident.

RUG-PULLS:

1. LYBRA Token Rug-pulls

On September 5, an Ethereum deployed project LYBRA token was confirmed to be a rug-pull.

The project’s token is deployed at 0xf5322B0D8dcac0C6aee4c15719C078992B03378a on Ethereum.

Crypto assets worth around US $37,000 were exploited in this incident.

CONCLUSION-

6 notable security incidents have occurred in the past week. 4 were attacks on social medial accounts, 1 was an attack on smart contracts and 1 was a rug-pull.

A Reminder for Project Teams: Always test thoroughly. Do smart contract audits before deploying smart contracts on-chain. Be alert to any anomalies happening in the various social media accounts you manage.

A Reminder for Crypto Users: Be cautious about suspicious links, emails, websites, and projects launched by teams without established reputations.

It is important for everyone in the crypto community to gain understanding and practice sufficient levels of cybersecurity.

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